Re:Travis Kalanick Is Exiting His Uber Holdings Uber Quickly
by tim333 on Tuesday December 17, 2019 @12:21AM
(#21810884)
>Isn't the world economy built on the idea that markets will always go up?
Not really. Recessions are where there is less spending and production, not when the stockmarket goes down.
While stockmarkets and property prices and the like to tend to go up and up in nominal terms a lot of that is because of the currency they are denominated in losing value through inflation. If you adjust for that there is much less of an uptrend.
Not really. Recessions are where there is less spending and production, not when the stockmarket goes down.
While stockmarkets and property prices and the like to tend to go up and up in nominal terms a lot of that is because of the currency they are denominated in losing value through inflation. If you adjust for that there is much less of an uptrend.